After decades of high trade restrictions, fiscal distortions, and currency overvaluation, Cameroon implemented important commercial and fiscal policy reforms in 1994. Almost simultaneously, a major devaluation cut the international price of Cameroon's currency in half. This article examines the effects of those reforms on the incentive structure faced by manufacturing firms. Did the reforms create a coherent new set of signals? Did they reduce dispersion...
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INFORMACIÓN
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2002/09/01
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Artículo de periódico
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77397
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1
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1
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2013/05/22
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Disclosed
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A firm's-eye view of commercial policy and fiscal reforms in Cameroon
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unit tariff